Business Category: Miscellaneous Services
City/Region: Ottawa County
Listing Price: $159,000
Cash Flow: $56,700
Founded in 1996, the Company is a full-service caterer serving the West Michigan area. The Company offers a variety of fresh-made foods primarily for weddings and corporate events. For the past several years, operations have been managed by a general manager with very little involvement from ownership. The Company has developed an extremely strong reputation within the area for the quality food prepared and exceptional service provided to each client.
The owners are seeking to transition the Company to new ownership as they are not able to commit the time necessary to help the Company achieve its full potential. They are willing to provide assistance to a new owner through a reasonable transition period.
Opportunities For Growth:
(1) Further Market Penetration: The Company has room to grow significantly with its current capabilities and may expand into catering and cafeteria services for companies and work places.
(2) Sales Force Addition: The Company does not currently seek out new customers and has the opportunity to achieve strong growth within its catering services for corporations.
(3) Addition of Hands-On Owner: The Company may benefit significantly from a new life and energy associated with the addition of a new owner who chooses to become active in daily operations.
(1) Fresh Food Made from Scratch: The Company has high standards of quality for the food it prepares to ensure their customers are satisfied.
(2) Well-Established Brand in West-Michigan: The Company has developed a strong presence in the West Michigan area due to its excellent customer service and quality of food.
(3) Long-Term Staff is Capable of Running Business: The Company has highly experienced staff in place to run the daily operations of the Business, making this a turnkey opportunity.
(4) Great Customer Reviews: Past customers have praised the excellent service they received from the Company, proving an effective way to market itself to potential customers.
Real Estate Value: $225,000
Real Estate Available: For Sale or Lease
Reason For Sale: The owners are seeking to transition the Company to new ownership as they are not heavily involved in it and believe it can reach its full potential with a new owner.
Number of Employees: 10